Digital birth and death recordings implemented in healthcare facilities across Pakistan.
IT Service Management Company NexG Expands into Secure Identity Document Production
NexG Bhd, a prominent IT service management company headquartered in Malaysia, has embarked on a substantial venture into the secure identity document production sector to cater to growing global demand. The company has announced plans to invest approximately RM250 million (equivalent to around US$53–58 million, depending on exchange rates) to develop a cutting-edge manufacturing plant that embraces Industry 4.0 technologies.
The move is a response to the increasing need for secure, tamper-proof identity documents, which play a crucial role in border security, national identification, and digital identity solutions. This project marks a significant technological leap for NexG, aiming to fully automate production processes and integrate advanced security features, thereby maximizing output and precision.
The investment will be executed in three phases, each designed to progressively expand production capacity. Upon completion of each phase, the facility is expected to produce over 15 million units of secure ID documents annually, with ongoing optimization anticipated to further increase output. The new plant will boast state-of-the-art security infrastructure, enabling it to serve both domestic and international markets.
NexG's investment holds strategic importance on several fronts:
- Capacitated Growth: Each phase is projected to yield between US$100 million (RM421 million) and US$200 million (RM843 million) in annual revenue, depending on the type of document, solution, and market demands.
- Technological Advancement: The facility will leverage Industry 4.0 technologies, ensuring high automation, precision, and security.
- Global Market Reach: The project is designed to meet not only local but also international demands for high-security identity solutions.
Here is a summary of the key aspects:
- Investment Value: RM250 million
- Phases: Three
- Production Capacity: Over 15 million units per phase (post-phase completion)
- Revenue Potential: US$100M–US$200M per phase
- Technology: Industry 4.0, fully automated, advanced security infrastructure
- Market Focus: Domestic and international (high-security ID documents and solutions)
NexG's investment positions the company as a key player in the international identity document market, capable of supplying high-volume, high-security solutions for a broad range of client needs. Ongoing enhancements are expected to further boost both capacity and technological leadership in this sector.
NexG's investment of RM250 million will enable the technological advancement of their new manufacturing plant, adopting Industry 4.0 technologies for increased automation, precision, and security in the production of high-volume, high-security identity documents. This move positions NexG as a significant player in the international identity document market, aiming to cater to both domestic and international demands.
